Asset Management Associate

Full-time • Brooklyn, NY, US • $100k - $130k / year • 5d ago

RESPONSIBILITIES

Prepare monthly performance files comparing performance to investment expectations and evaluate potential upside opportunities
Assist in spreading and reviewing monthly property financials
Compiling monthly actionable report and determining resolution to drive operational efficiency at the asset level
Assist in annual budget process, including spreading budgets, analyzing growth trajectory, and annual meetings
Day-to-day portfolio management and communication with third-party managers
Underwrite, evaluate, and compile asset management committee memorandums for potential conversion and expansion opportunities throughout the existing portfolio
Work collaboratively with team members in various ad hoc tasks and analyses as needed
Manage AM functions on regionally allocation portion of portfolio
Assist in transition of acquisition properties from Investment team to Asset Management team
Supporting in acquisition and disposition due diligence
Handling information requests from lenders, insurers, and property managers

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